China’s Bright Food to Help Italian Olive Oil Maker Salov Boost Production and Sales in China

China’s Bright Food Group Co. said on Tuesday it is buying a majority stake in Italian olive oil maker Salov Group.

The Shanghai-based food company didn’t disclose the size of the stake or the purchase price. Closely held Salov, which sells brands such as Sagra and Filippo Berio, couldn’t immediately be reached for comment.